5, GRANBY CLOSE, REDDITCH, B98 0PJ - £145,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 GRANBY CLOSE is a midsized semi-detached house of 80m², built sometime between 1967 and 1975, which could now be worth an estimated £283,411. It was last sold for £145,000 in September 2009, which was around 12% above the average September 2009 semi-detached price in the Redditch local authority area. The most recent EPC inspection was June 2009, where the current energy rating was C, and the potential energy rating was C.

5 GRANBY CLOSE Sold Prices

Land registry data shows three sales for 5 GRANBY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Redditch local authority area for the corresponding sale date. All of the three 5 GRANBY CLOSE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2009 30 SEP	£145,000	£129,589	12% above HPI
2002 20 SEP	£103,950	£94,584	10% above HPI
2002 20 SEP	£103,950	£94,584	10% above HPI

What might 5 GRANBY CLOSE be worth now?

5 GRANBY CLOSE might now be worth an estimated £283,411.

This is based on house price inflation of 95.5%, between September 2009 and May 2026, for semi-detached houses, in the Redditch local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 95.5% inflationary increase is applied to the most recent sale price for 5 GRANBY CLOSE of £145,000 on 30th September 2009. For the value to have increased from £145,000 to £283,411 over the seventeen years and four months to May 2026, the following assumptions must hold true:

• The value of 5 GRANBY CLOSE has moved in line with the HPI for semi-detached houses in the Redditch local authority area.
• The September 2009 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of 5 GRANBY CLOSE has not materially changed since September 2009.

How Large is 5 GRANBY CLOSE?

5 GRANBY CLOSE is 80m² according to the EPC inspection conducted in June 2009. This puts it in the smallest 50% of semi-detached houses in Redditch, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Redditch, and where 5 GRANBY CLOSE lies on this distribution: 44% of semi-detached houses are smaller than 5 GRANBY CLOSE, and 56% of semi-detached houses are larger. Note that EPC data is not available for all properties in Redditch.

5 GRANBY CLOSE: Plot

5 GRANBY CLOSE sits on a plot of roughly 0.056 of an acre, or 225m².

Where is 5 GRANBY CLOSE?

5 GRANBY CLOSE is located in REDDITCH, in the B98 postcode district.